RENEWABLE POWER Direct
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Solar
Construction Underway on Kentucky’s Largest Solar Farm
Construction of what would be the largest solar array in Kentucky is underway. National Grid Renewables on Dec. 14 said the company’s 160-MW Unbridled project, located in Webster and Henderson counties about 40 miles south of Evansville, Indiana, and 160 miles southwest of Louisville, is expected to enter commercial operation next year. Unbridled is National […]
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Interview
The POWER Interview: Innovation, Data-Driven Solar Solutions Key to Grid Stability
Growth in the solar power sector is being driven not only by ever-larger utility-scale farms, but also by growth in distributed generation. This smaller-scale use of solar energy is being supported as more homeowners and commercial and industrial (C&I) businesses install solar panels on rooftops, carports, parking garages and more. Distributed solar power generation is […]
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Solar
How Renewable Energy Companies Can Address Increasing Foreign Exchange Challenges
Following a difficult period for the renewable energy industry, firms must begin prioritising foreign exchange (FX) risk management against the rising threat of currency movements. It has been a tough year for the renewable energy industry. The post-COVID inflationary pressures that have gripped the global economy over the last two years are weighing heavily on […]
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Solar
Community Solar Drives Energy Transition in Longtime Fossil-Fuel Region
The energy transition is an increasingly important trend, not just for power generation but also for communities across the U.S. As regions that have been dependent on hydrocarbons begin to shift production to renewable resources, they not only lower global carbon emissions, but also reap new economic opportunities from income-producing renewable energy. The Energy Community […]
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Trends
COP28 Concludes with Landmark Decision to Shift Away from Fossil Fuels
Negotiators from nearly every country in the world closed COP28 with a decision that—for the first time—formally recognizes the necessity of moving away from fossil fuels to achieve Paris Agreement targets. The decision, adopted on the last day of the two-week 28th Conference of the Parties (COP 28) to the UN Framework Convention on Climate […]
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Wind
GE Vernova, Forestalia Reach Deal for Wind Farms in Spain
GE Vernova said the company’s turbines will play a major role in supporting renewable energy in Spain through a collaboration with Forestalia, one of that country’s leading clean energy developers. The companies on Dec. 14 said they had a framework agreement in which GE Vernova will install as much as 693 MW of onshore wind […]
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Energy Storage
Bill Gates-Backed Group Supporting New Energy Storage Technology
A Massachusetts-based group developing an energy storage system to support renewable energy resources is moving forward with plans for a prototype facility outside Boston. Fourth Power on Dec. 12 said it received $19 million in funding to help scale its technology, which the company said is more cost-effective than lithium-ion (li-ion) batteries and will provide […]
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Energy Storage
Advanced Energy Storage: Linchpin for a Renewable Energy Future
In an era defined by environmental consciousness and a pressing need to reduce our carbon emissions, renewable energy has emerged as the shining beacon of hope for a sustainable future. As we stand at the crossroads of rapid climate change and continued fossil fuel extraction, the transition to renewable energy sources is no longer a […]
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Solar
Report: U.S. Adds 33 GW of New Solar Capacity in 2023
A new report from the Solar Energy Industries Association (SEIA) and the Wood Mackenzie research group said the U.S. solar sector is expected to add a record 33 GW of new generation capacity in 2023, a 55% increase from 2022. The groups said that even with growth expected to slow over the next year due […]
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Solar
The POWER Interview: Tech-Enabled Financing Supports Solar Sector
More and more businesses are looking to use renewable energy as they set decarbonization goals, with public companies often pushed by shareholders to adopt environmental, social, and governance (ESG) initiatives. The same is true of private enterprise, as business owners look to take advantage of tax credits, rebates, and more to pursue cleaner sources of […]